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On January 27, 2022, the Turkish government published a regulation (2022/1) that granted the Turkish Ministry of Agriculture and Forestry (MinAF) the authority to restrict the export of twenty (20) agricultural products in order to decrease domestic food inflation.
On January 7, 2022, the Turkish Government published Biosafety Decisions on the import of genetically engineered (GE) soybean and corn events. The Ministry of Agriculture and Forestry (MinAF) approved one new soybean event and one new corn event for feed and cancelled the approvals of two corn events which expired on 12/24/2021.
On January 3, 2022, Turkey announced the domestic producer price index (PPI) inflation in the second half of 2021 was 47.39 percent, therefore triggering an automatic increase in the fixed-amount Special Consumption Tax (SCT) for alcohol beverages, soft drinks, fruit juice, and tobacco products.
On December 31, 2021, Turkey announced a revised tariff list for a number of products. According to a Presidential Decree published in the Official Gazette, the import tariffs on wheat, corn, rye, barley, oats, chickpeas, and lentils, has been eliminated through December 31, 2022.
Turkish cotton planting and production for Marketing Year (MY) 2020/21 is projected to be about 480,000 hectares and 760,000 metric tons (MT) (3.5 million bales).
The number of cattle in Turkey is estimated to grow 1.2 percent in 2020 to 18.1 million animals due to favorable government subsidies and continuing feeder cattle imports albeit at a lower volume.
Turkey’s total production of oilseeds in Marketing Year (MY) 2020/21 is projected to decrease about five percent compared to MY 2019/20, totaling 3.04 million metric tons (MMT).